Which one of the following statements is correct ? (1) Good money drives bad money out of circulation (2) Bad money drives good money out of circulation (3) Good and bad money cannot circulate together (4) Cannot say

1 Answer

Answer :

 Bad money drives good money out of circulation

Related questions

Description : Which one of the following statements is correct? (1) Good money drives bad money out of circulation (2) Bad money drives good money out of circulation (3) Good and bad money cannot circulate together (4) Cannot say

Last Answer : (2) Bad money drives good money out of circulation Explanation: One of the most famous axioms in economics is "bad money drives out good." This rule has generally been attributed to Sir Thomas ... there must be two forms of money or currency (with the same face value) in circulation simultaneously.

Description : In general, valves in the circulatory system: a) permit blood to circulate rapidly b) prevent blood from moving too rapidly c) prevent blood from flowing in the wrong direction d) stop the circulation whenever necessary

Last Answer : ANSWER: C -- PREVENT BLOOD FROM FLOWING IN THE WRONG DIRECTION

Description : "Bad money will drive out good money from circulation." This is known as : (1) Engle's Law (2) Gresham's Law (3) Say' Law (4) Wagner's Law

Last Answer : (2) Gresham's Law Explanation: Gresham's law is an economic principle that states: "When a government compulsorily overvalues one type of money and undervalues another, the under-valued money will leave ... money will flood into circulation." It is commonly stated as: "Bad money drives out good."

Description : “Bad money will drive out good money from circulation.” This is known as : (1) Engle’s Law (2) Gresham’s Law (3) Say’ Law (4) Wagner’s Law

Last Answer : Gresham’s Law

Description : Gresham's Law means - (1) Good money replaces bad money in circulation (2) Bad money replaces good money in circulation (3) Good money promotes bad money in the system (4) Bad money promotes good money in the system

Last Answer : (2) Bad money replaces good money in circulation Explanation: Gresham's law is an economic principle that states: "When a government compulsorily overvalues one type of money and undervalues ... or disappear from circulation into hoards, while the overvalued money will flood into circulation."

Description : Gresham’s Law means (1) Good money replaces bad money in circulation (2) Bad money replaces good money in circulation (3) Good money promotes bad money in the system (4) Bad money promotes good money in the system

Last Answer : Bad money replaces good money in circulation

Description : The outward transfer of Earth's internal heat helps drives _______ circulation in the _______.?

Last Answer : I dont know

Description : Gresham's law is related to - (1) Consumption and demand (2) Supply and demand (3) Circulation of money (4) Deficit financing

Last Answer : (3) Circulation of money Explanation: Gresham's law is an observation in economics that "bad money drives out good." More exactly, if coins containing metal of different value have the same value as ... 1558 prompted the economist H.D. Macleod to suggest the term Gresham's law in the 19th century.

Description : What is "narrow money"? (1) The sum of currency in circulation and the demand deposits in banks (2) The sum of MI money and the time deposits (3) The sum of currency in circulation with the ... reserves held by banks (4) The market value of the stocks held by all the holders excluding the promoters

Last Answer : (1) The sum of currency in circulation and the demand deposits in banks Explanation: The four main monetary aggregates of measures of money supply which reflect the state of the monetary sector ... This category of money is considered to be the most readily available for transactions and commerce.

Description : The number of times a unit of money exchanges hands during a unit period of time is known as: a) velocity of circulation of money b) speed of circulation of money c) momentum of circulation of money d) count of circulation of money

Last Answer : a) velocity of circulation of money

Description : Gresham’s law is related to (1) Consumption and demand (2) Supply and demand (3) Circulation of money (4) Deficit financing

Last Answer : Circulation of money

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Last Answer : The sum of currency in circulation and the demand deposits in banks

Description : Which of the statements is correct about India's national income? (1) Percentage share of agriculture is higher than services (2) Percentage share of industry is higher than agriculture (3) ... higher than industry (4) Percentage share of services is higher than agriculture and industry put together

Last Answer : (4) Percentage share of services is higher than agriculture and industry put together Explanation: The services sector has the largest share in the GDP, accounting for 55% in 2007, up from 15% in 1950. ... allied sectors like forestry, logging and fishing ac-counted for 15.7% of the GDP in 2009-10.

Description : Which of the statements is correct about India's national income? (1) Percentage share of agriculture is higher than services (2) Percentage share of industry is higher than agriculture (3) ... higher than industry (4) Percentage share of services is higher than agriculture and industry put together

Last Answer : Percentage share of services is higher than agriculture and industry put together

Description : In economics, whose law states that: 'bad money drives out good money'?

Last Answer : Gresham's

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Last Answer : Need answer

Description : What type of heat transfer that causes the air to circulate and form such clouds is called .?

Last Answer : You think probable to convection.

Description : What are the processes that water goes through to circulate throughout the hydrosphere?

Last Answer : marshmallow fluffing, rat catching, and apple cutting!

Description : What are the processes that water goes through to circulate throughout the hydrosphere?

Last Answer : marshmallow fluffing, rat catching, and apple cutting!

Description : Vasopressin and oxytocin circulate unbound to proteins and have very short plasma half lives, on the order of (A) 1–2 minutes (B) 2–4 minutes (C) 5–8 minutes (D) 10–12 minutes

Last Answer : Answer : B

Description : Open circulatory system is the one in which blood does not circulate only inside blood vessels but it also falls in cavities that irrigate tissues. In the open circulatory system ... and protochordates have open circulatory system. The Circulatory System - Image Diversity: open circulatory system

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Description : How does blood circulate in the fetus?

Last Answer : Fetal circulation differs from circulation after birth because the lungs of the fetus are nonfunctional. Therefore, blood circulation essentially bypasses the lungs in the fetus. The umbilical vein carries ... cava. Some blood stays in the pulmonary trunk to reach the developing lung tissues. 

Description : How does blood circulate in the fetus? 

Last Answer : Fetal circulation differs from circulation after birth because the lungs of the fetus are nonfunctional. Therefore, blood circulation essentially bypasses the lungs in the fetus. The umbilical vein carries ... vena cava. Some blood stays in the pulmonary trunk to reach the developing lung tissues.

Description : How does blood circulate in the fetus? 

Last Answer : Fetal circulation differs from circulation after birth because the lungs of the fetus are nonfunctional. Therefore, blood circulation essentially bypasses the lungs in the fetus. The umbilical vein carries ... cava. Some blood stays in the pulmonary trunk to reach the developing lung tissues. 

Description : Agrochemicals are the most dangerous toxins as they circulate in a. Food chains b.Water bodies c. Environment d. Atmosphere

Last Answer : a. Food chains

Description : A 400/200 volts transformer has pu impedance of 0.05. The HV side voltage required to circulate full load current during short circuit test is

Last Answer : A 400/200 volts transformer has pu impedance of 0.05. The HV side voltage required to circulate full load current during short circuit test is 20 V

Description : Why won't these 2 hard drives work together?

Last Answer : answer:That sounds like an odd one if, in fact, all of the drives work fine on their own. Have you tried hooking the second 80GB drive to the secondary IDE controller?

Description : How many US dollars are currently in circulation?

Last Answer : answer:Amazing what google can turn up Try typing this into a google (www.google.com) search box: dollars in circulation . You can do that for any number of things you are looking for. Google is a really ... other search tools too, like www.dogpile.com or www.yahoo.com. it's fun. Try it some time.

Description : 'Gresham's Law' in Economics relates to (1) supply and demand (2) circulation of currency (3) consumption of supply (4) distribution of goods and services

Last Answer : (2) circulation of currency Explanation: Gresham's law is an economic principle that states: "When a government compulsorily overvalues one type of money and undervalues another, the undervalued money will leave ... will flood into circulation." It is commonly stated as: "Bad money drives out good."

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Description : Which among the following is incorrect about CD's features : a) It contains digital information that can be read, but cannot be rewritten. b) It is a very reliable storage media. It is very often used as ... c) Separate drives exist for reading and writing CDs. d) All of the Above e) None of These

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Description : Frog's heart when taken out of the body continues to beat for sometime. Select the best option from the following statements. (1) Frog is a poikilotherm. (2) Frog does not have any coronary circulation. (3) Heart is myogenic in nature. ... (a) Only (4) (b) (1) and (2) (c) (3) and (4) (d) Only (3)

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Description : Why do I have bad circulation?

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Description : Which of the following statements regarding neutrophils are true? a. The neutrophil undergoes final maturation after release into the circulation b. Patients with chronic granulomatous disease have a defective ... proteins d. The normal human neutrophil circulates in the blood for 7-10 days

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Description : What can you say about the following statements? I. XML tags are case-insensitive. II. In JavaScript, identifier names are case-sensitive. III. Cascading Style Sheets (CSS) cannot be used with XML. IV. All well-formed ... IV are false. (3) only I and III are false. (4) only II and IV are false. 

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Description : Which of the following statements is correct? (1) Most workers will work for less than their reservation wage. (2) The reservation wage is the maximum amount any firm will pay for a worker. (3) ... reservation wage. (4) Economic rent is the amount one must pay to enter a desirable labour market.

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